const [isLoading, setIsLoading] = useState(true);

setTitle(wait);
setIsLoading(false);

{ isLoading ? (
    <p>Loading ...</p>
  ) : (
    <div>
      <div style={{ height: 20 }}>{title}</div>
      <div style={{ display: "flex" }}>
        <Tile color="#4caf50" />
        <Tile color="#f44336" />
        <Tile color="#3f51b5" />
        <Tile color="#ffc107" />
      </div>
    </div>
  );
}